GREENBANK, NORTH LANE, NORHAM, BERWICK-UPON-TWEED, TD15 2LG - £235,000

GREENBANK is a small detached house of 104m², built sometime between 2007 and 2011. It was last sold for £235,000 in October 2016, which was around 6% below the average October 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

GREENBANK Sold Prices

Land registry data shows two sales for GREENBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the two GREENBANK sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 26 OCT	£235,000	£249,591	6% below HPI
1997 20 MAY	£90,000	£86,637	4% above HPI

GREENBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two GREENBANK sales from May 1997 and October 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is GREENBANK?

GREENBANK is 104m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Norham, based on EPC data. The below chart shows the distribution of detached houses by size in Norham, and where GREENBANK lies on this distribution: 27% of detached houses are smaller than GREENBANK, and 73% of houses are larger. Note that EPC data is not available for all properties in Norham.

GREENBANK: Plot and Title Map

GREENBANK sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of GREENBANK, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of GREENBANK). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is GREENBANK?

GREENBANK is located on NORTH LANE in NORHAM, in the TD15 postcode district. The below map shows the position of GREENBANK on NORTH LANE.